American Eagle Outfitters (AEO) Cut to "Underperform" at Wolfe Research

The stock presently has a consensus rating of Hold and an average price target of $17.26. Price Target plays a critical role when it comes to the analysis of a Stock. Over the last three months, the shares of the company have changed 11.34% and performed 43.34% over the last six months. During the same quarter in the previous year, the business earned $0.22 EPS. Finally, Mizuho decreased their price objective on American Eagle Outfitters from $16.00 to $15.00 and set a neutral rating on the stock in a research note on Wednesday, March 1st.

Net income in the quarter soared 15.3% to $33.1 million or $1.06 per diluted share from $26.7 million or 84 cents in the same quarter a year ago.

Gold Fields Ltd. was covered by a number of analysts recently, 0 rated the stock as Buy, 1 rated Hold, 0 rated sell and 2 gave an Underperform. American Eagle Outfitters (NYSE:AEO) has risen 6.00% since April 19, 2017 and is uptrending. Analysts reported that the Price Target for American Eagle Outfitters, Inc. might touch $20 high while the Average Price Target and Low price Target is $16.21 and $12 respectively. Apparently the company is planning on closing 25-40 stores this year and traders were concerned.

Looking at the current price of the stock and the 52 week high and low, it suggests that the stock is likely to go Up in the future. The stock has a 50-day moving average price of $13.59 and a 200 day moving average price of $15.22.

Taking a broader look brokerage firms' analysts on the street with an expectant view have American Eagle Outfitters (NYSE:AEO) high price target of $20 and with a conservative view have low price target of $10. The company has a market capitalization of $2.44 billion, a price-to-earnings ratio of 11.27 and a beta of 0.66. Analysts have a mean recommendation of 2.60 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range).

WARNING: This story was originally posted by Chaffey Breeze and is the property of of Chaffey Breeze. Glen Harbor Capital Management LLC raised its position in shares of American Eagle Outfitters by 2.2% in the first quarter. 4,542,467 shares of the stock traded hands. The correct version of this article can be accessed at https://www.com-unik.info/2017/05/18/american-eagle-outfitters-aeo-receives-buy-rating-from-royal-bank-of-canada.html. If you are accessing this article on another website, it was copied illegally and republished in violation of United States and worldwide copyright and trademark laws. Glen Harbor Capital Management LLC now owns 7,238 shares of the apparel retailer's stock worth $102,000 after buying an additional 154 shares during the period. Stockholders of record on Friday, April 7th were issued a $0.125 dividend. American Eagle Outfitters's payout ratio is 39.06%. To measure price-variation, we found CRTO's volatility during a week at 3.29% and during a month it has been found around 3.35%. Comerica Bank raised its stake in shares of American Eagle Outfitters by 5.8% in the fourth quarter. First Citizens Bank & Trust Co. boosted its position in American Eagle Outfitters by 0.8% in the third quarter. On a daily basis over the past month, the average true range of the stock, as expressed in percentage terms, is 3.6%.

Investors seeking value in the stock market may be eyeing the Magic Formula Rank or MF Rank for American Eagle Outfitters, Inc. AEO Inc operates stores in the United States, Canada, Mexico, Hong Kong, China and the United Kingdom. Institutional investors and hedge funds own 78.05% of the company's stock.

Share

Related Articles

The soon-to-be assembled commission will be composed of Republican and Democrat state election officials and other experts . And at least one member says he suspects the President's claims will remain unfounded.

After Mike Trout was walked intentionally to load the bases, Pujols hit the ball over the drawn-in outfield to end it. Martinez's homer was his third of the three-game series, as the Tigers took two out of three from the Orioles .

With the opening game between Bangladesh and Ireland rained out, the Black Caps can get two wins clear with a victory tonight. New Zealand skipper Tom Latham scored a solid 54 runs off 64 balls with Jimmy Neesham chiming in with 52 runs off 48 balls.

A Tulsa jury convicted the then-74-year-old Bates of second-degree manslaughter and he was sentenced to four years in prison. They chanted "no justice, no peace" and blocked traffic in an intersection during a peaceful demonstration, media reported.

He'd been in a good mood because he recently had his Honda returned to him after a period of being unable to pay for the vehicle . The crash happened at midday on a hot, clear day that brought large crowds of people into the streets to enjoy the good weather.

Given the number of startups already vying to be the solution, it's not a new idea to revolutionize the trucking industry. Uber originally launched as a ride-hailing company but has in recent years diversified its business.

All Switch owners will need to do is download the demo from the Nintendo eShop and log in during the announced days. Will you be giving ARMS Global Testpunch a run on May 26? Each arm you choose has a different weight class.

The agriculture, fishery and forestry sector recovered in the first quarter, growing by 4.9 percent from last year's -4.9 percent. Pernia said he expects public spending to pick up in the succeeding quarters amid the streamlining of government policies.

McInnes replied: 'It's not about managers tonight, it's about performances and that performance was exactly what I wanted'. Tony and my staff were there at the time and said he came in, had a quick glass of wine and shot away.

The IATA also said the measure would mark a dramatic expansion of the ban now in place, impacting an estimated 390 flights a day. The laptop ban has not been extended to flights from Europe to the United States after a key meeting in Brussels yesterday.

On that front, many ISPs say they support net neutrality provisions and agree that those behaviors shouldn't be tolerated. Net neutrality supporters have vowed to use the public comment period to stir up more public opposition to Pai's plan.

On Saturday, he had the unenviable task of answering questions from other countries about USA climate and energy policy. Now, he has to finish the job and pull the Paris weed out by its roots by withdrawing the United States from the FCCC.

Latest news

New Orleans takes down 3rd Confederate-era monument
Wednesday, crew workers yanked the Beauregard statue from its perch and lowered it to a truck as scattered cheers broke out. Louis, Missouri, Mayor Lyda Krewson has committed to removing a 32-foot tall Confederate monument from a park.

2 women dead in crash on Route 44 in Plymouth
Maryland State Police are taking phone calls from any witnesses or friends and family who may have any relevant information. MDOT State Highway Administration personnel assisted on the scene with lane closures and detours.

New Images From 'Wonder Woman' From Her EW Article
More than 2,000 comic-book shops, libraries and bookstores across the nation will participate in the Saturday extravaganza. "Before she was Wonder Woman, she was Diana, princess of the Amazons, trained to be an unconquerable warrior".

Cop on a rooftop returns to Moline
That same day, hundreds of police officers will cover more than 270 Dunkin' Donuts rooftops for the fundraiser. Participation in competitive events is open to all individuals 8 years of age or older.

Dontnod Entertainment announces Life Is Strange 2
It's unlikely we'll see a continuation of the first game's story - the first season of Life is unusual felt very self-contained. The game won't be at this year's E3, according to the post, so expect more information somewhere further down the line.

Will give my best in Champions Trophy, says Mohammed Shami
Rishabh Pant , Kuldeep Yadav , Shardul Thakur , Suresh Raina and Dinesh Karthik were named as stand-by players for the ICC event. The middle order looks very strong with the likes of Yuvraj Singh , who also makes a comeback to the Indian squad .